1407 Spring Garden RdAustinTX78746
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Austin at 1407 Spring Garden Rd, Austin, TX, 78746 earns from $4,567/mo rent with a $6,608/mo payment. Total monthly income totals $4,567/mo. ROI tracks 6.56% on current figures, and rental yield reads 4.06% at a $1,350,000 purchase. Equity gained on principal adds $8,711/yr, and 5% annual appreciation supports $372,980 over five years. Five-year ROI reaches 32.4% and total cumulative return in cash sums $141,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,567/mo property income instead of your personal income.
Single Family
Built in 1979
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78746, Austin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,628 (100%) |
| Owner Occupied HU | 7,961 (63.0%) |
| Renter Occupied HU | 3,718 (29.4%) |
| Vacant Housing Units | 949 ( 7.5%) |
| Median Home Value | $1,332,581 |
| Average Home Value | $1,427,247 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,833
Multi-Family
3,315
Businesses
2,484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices